PRINCIPLES OF GENERAL AVERAGE

This chapter is intended to provide a concise overview of the principles applicable
to general average. It sets out only the elementary principles which derive from
maritime law, equity and public policy. It is rather a sui generis subject, and is
relevant to contracts of carriage of goods by sea, and the losses that result from a
general average act are insurable as provided by the Marine Insurance Act 1906.
Space does not permit a detailed treatment of general average in this book, which
can be found in specialist texts on the subject.1